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A couple wishes to borrow money using the equity in their home for collateral. A loan...

A couple wishes to borrow money using the equity in their home for collateral. A loan company will loan them up to​ 70% of their equity. They puchased their home 13 years ago for ​$69 comma 691. The home was financed by paying 15​% down and signing a 30​-year mortgage at 8.4​% on the unpaid balance. Equal monthly payments were made to amortize the loan over the 30​-year period. The net market value of the house is now​ $100,000. After making their 156th ​payment, they applied to the loan company for the maximum loan. How much​ (to the nearest​ dollar) will they​ receive?

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